Falcon Oil & Gas Ltd V.FO

Alternate Symbol(s): FOLGF

Energy Oil & Gas E&P

Falcon Oil & Gas Ltd. is an international oil and gas company. The Company is engaged in the exploration and development of unconventional oil and gas assets, with the portfolio focused in Australia, South Africa and Hungary. Its principal interest is located in two underexplored basins in Australia and South Africa, with further interest in Hungary, covering over 12.3 million gross acres. Its Beetaloo Sub-basin project is located in the Northern Territory, over 600 kilometers south of Darwin. The Company holds a Technical Cooperation Permit, covering an area of over 30,327 square kilometers in the southwest Karoo Basin, South Africa. The Karoo Basin contains thick, organic rich shales, such as the permain whitehill formation representing the focus of shale gas permit applications. Its Mako Production License (Mako Trough) is a sedimentary basin located in south-eastern Hungary in the mature Pannonian basin. Mako Trough includes two plays: Mako Shallow Play and Mako Deep Play.

TSXV:FO - Post by User

Falcon Oil & Gas Ltd

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Comment by pkrashon May 11, 2006 12:11pm

504 Views

Post# 10832704

RE: Reality

Please explain what it is I have to "defend". I was responding to a post that said "I just showed up". I bought UPL (then UP.v) at sub $0.50 CDN before Bruner was there. I've been with FO for some time now also. The share price is getting a little ahead of itself. A pull back or "profit take" as some call it is due.

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